Tim Draper Magnetic 3D Seed Investment
Magnetic 3D, a leading innovator in producing ‘Holographic’ Glasses-Free 3D displays and immersive media solutions, has announced a Seed investment from Tim Draper and Draper Associates, a global venture capital firm investing in industry-transforming companies.
Magnetic 3D says that it plans to deploy thousands of 3D signs that generate more attention and impact for brands where they need it most. The platform will elevate customer experience and provide new sources of revenue for venue partners while offering a new 3D canvas for immersive artwork to come to life as seen at Scope in the video above.
Tim Draper, Founding Partner of Draper Associates, said “Having Magnetic 3D on Meet the Drapers was a lot of fun – the 3D content is amazing and it really pops off the display and floats in midair! I am excited to be a part of their journey, and love the elegant spin of the device wearing the glasses instead of the viewer – makes perfect sense! Magnetic 3D’s Glasses-Free 3D platform has the potential to transform various industries – from retail, to advertising and marketing, to healthcare and education. Once it’s out there at scale everyone is going to have to have it to keep up. The team’s commitment to push the boundaries of immersive tech for enterprise applications while charting a path directly to consumers with art and entertainment is a novel approach that should be a powerful combo.”
Magnetic 3D’s Founder & CEO Tom Zerega told us “We are honored to have Tim Draper join us on our mission to make 3D, XR, and the Metaverse more accessible without having to wear 3D glasses or VR headsets. Tim has always been ahead of the curve by betting on the future and we take his support as a great indicator that we are on the verge of something monumental. His extensive experience and vision will be invaluable as we continue to develop and deploy our immersive solutions.”
Magnetic 3D has gained a strong foothold in B2B with great customers and a track record of success in 3D Pro AV and 3D Digital Signage installations over the years. The Company has worked with major theme parks, hospitality, and cruise ship operators, defense contractors, aerospace, and medical customers and produced countless experiential activations from CES to Super Bowl. Now, the Company is poised to accelerate its expansion into media networks while driving innovation in the immersive technology space.
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